123 S Otter Avenue Parkers Prairie, MN ^$ 145,000

123 S Otter Avenue

^$ 145,000

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Recently Listed

123 S Otter Avenue

Parkers Prairie, MN, 56361

^$ 145,000

Bedrooms6 Baths3.0

Monthly Estimate*

^$ 1,001

123 S Otter Avenue, Parkers Prairie, MN 56361 - Image 1

123 S Otter Avenue, Parkers Prairie, MN 56361 - Image 2

123 S Otter Avenue, Parkers Prairie, MN 56361 - Image 3

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123 S Otter Avenue, Parkers Prairie, MN 56361 - Image 8

Commercial Property for sale in Parkers Prairie, MN

for $145,000 with 6 bedrooms and 3 full baths. This building was built in 1904 on a lot size of 0.134.

Commercial building in Parkers Prairie. Building was former RK's Cafe. All cafe equipment has been removed. Large spacious areas for whatever someone can dream up

Commercial Active

Price

^$ 145,000

Bedrooms

Full Bath

Property Type

Commercial

Taxes

^$ 2,688

Style

Lot Size

0.134

Year Built

1904

Town/City

Parkers Prairie

County/Region

Otter Tail

MLS | Web ID

7149709

Features

General

Sewer City Sewer/Connected

Heating Baseboard Forced Air

Utilities Electric Separate

Garage Spaces 0

Year Built 1904

Levels Two

Tax Year 2026

Current Use Commercial

Gross Income 17400

Accessibility None

County Otter Tail

Net Operating Income 14400

Operating Expense 3000

New Construction N

Property Type Commercial Sale

Contingency None

Subdivision Name Lakeview Add

Possible Use Rest/Lounge Retail

Directions Hwy 29 (Otter Ave) Parkers Prairie

City Parkers Prairie

High School District Parkers Prairie

Zoning Description Business/Commercial

Number Of Units Total 3

Lot Size Units Acres

Carport Spaces 0

Land Lease Y/N N

Tax Annual Amount 2688

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Exterior

Parking Features On-Street Parking Only

Water Source City Water/Connected

Inclusions Building Leases

Lot Size Area 0.134

Lot Dimensions 130x90

Waterfront Y/N N

Foundation Area 3104

Interior

Basement (Y/N) N

Total Bedrooms 6

Total Baths 3

Fuel Electric Propane

Garage Dimensions 0

Garage Square Feet 0

Internal Only

Street Number 1 123

* Excluded Features

List By

Northstar Lakes Realty

Broker

don@nslrealty.com

Affordability Calculator

$1,225

Per Month

Monthly Principal & Interest: $1,001
Monthly Property Taxes: $224
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Parkers Prairie, MN

Average List Price ^$145,000

Percent of Sale Price 0%

About Parkers Prairie, MN

954 Population

2% Since 2002

^$45,817 Median Income

44.11 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708301 Elementary School

708936 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/25/2026	$145,000		Listed Price

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123 S Otter Avenue, Parkers Prairie, MN, 56361 is a Commercial Property for sale at $145,000 with a lot size of 0.134. 123 S Otter Avenue has 6 bedrooms, 3.0 baths, and was built in 1904. The property's zip code is 56361 which is in Parkers Prairie, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/16/2026.

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123 S Otter Avenue

Commercial Property for sale in Parkers Prairie, MN

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